View Poll Results: What should be done to battle income inequality in the USA?

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  • Do not intervene

    47 51.09%
  • Yes, do intervene

    45 48.91%
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Thread: Income Inequality

  1. #111
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    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    If there are enough stockholders that disagree, they can vote out the leadership of that corporation, so sure. Checks and balances.
    As can union members. Officials are elected by their members.
    "The side that stays within its fortifications is beaten." ~Napoleon

  2. #112
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    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    What has anyone else done to EARN those scraps? Why do you think that anyone else ought to benefit from the hard work of others?
    Technically, profit from labor is "benefiting from the hard work of others".
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  3. #113
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    Re: Income Inequality

    Quote Originally Posted by US Conservative View Post
    Since govt employees are REQUIRED to join these public sector unions, and since the money they forcibly take are spent supporting dems, even against the wishes of the employee-thats not good enough.
    Government employees are required to do a lot of things... When you enter the work force, you have certain responsibilities and duties, and many of them ****ing suck and seem unfair. Why single out the requirement to join a union as opposed to the requirement to wear a uniform or pass a certain exam?

  4. #114
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    Re: Income Inequality

    Quote Originally Posted by What if...? View Post
    Yet those who DO know better still repeat the mantra that wages are stagnant but that's OK because prices are lower.
    It depends on how they mean it. With pure buying power, they're right. Someone who makes a dollar a day but a loaf of bread costs a penny is in no better shape making $100 a day, but the same loaf of bread costs $1. So long as all prices remain low or go down, buying power remains constant. We know that if we raise wages, costs have to go up as well as manufacturers have to cover the costs of those additional wages.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  5. #115
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    Re: Income Inequality

    Quote Originally Posted by What if...? View Post
    Technically, profit from labor is "benefiting from the hard work of others".
    Depends on whose labor you're talking about. I benefit from the hard work of myself.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  6. #116
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    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    It depends on how they mean it. With pure buying power, they're right. Someone who makes a dollar a day but a loaf of bread costs a penny is in no better shape making $100 a day, but the same loaf of bread costs $1. So long as all prices remain low or go down, buying power remains constant. We know that if we raise wages, costs have to go up as well as manufacturers have to cover the costs of those additional wages.
    No. If the same distribution of wages is maintained inflation can occur, however, if the distribution changes prices don't necessarily have to rise.

    The American worker has been taking a haircut for years. Let someone else take a haircut for a change.
    "The side that stays within its fortifications is beaten." ~Napoleon

  7. #117
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    Re: Income Inequality

    Quote Originally Posted by gdgyva View Post
    we can repeal citizens united at the exact same time, all money goes out of politics

    repeat....all money

    candidates would be given a budget by local/state/feds depending on what they are running for

    no money from pacs, lobbyists, companies, or persons allowed in any election

    you stand on your own....no party backing you with millions and millions

    if citizens wish to donate to the process, they donate to the fund that all monies are paid out of....with zero political affiliation

    no entity can campaign for a candidate (no lobbyists, no unions, no robocalls, no pac ads, nothing)

    i have zero issue getting rid of citizens united....lets change the entire freaking think though
    Imagine a country where politicians spend ALL their time working for the people who voted for them instead of who paid for their campaigns.
    Anyone wondering what I'm talking about start here:
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  8. #118
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    Re: Income Inequality

    Quote Originally Posted by Unrepresented View Post
    No. If the same distribution of wages is maintained inflation can occur, however, if the distribution changes prices don't necessarily have to rise.

    The American worker has been taking a haircut for years. Let someone else take a haircut for a change.
    Why? What have they done to earn it?
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  9. #119
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    Re: Income Inequality

    Quote Originally Posted by Peter Grimm View Post
    It's indisputable fact that income inequality in the United States has grown substantially in the past few decades.

    Median nominal incomes, adjusted for inflation, have not gone up in the USA since the 50's. (Median is the halfway point, so we are talking about the middle-earner). In contrast, the per capita GDP has risen quite dramatically, due to the increased purchasing power of the upper echelon.


    I pose three questions to you:

    1.) What has caused this phenomenon
    2.) What are the long term implications if the trend is allowed to continue
    3.) What, if anything, should be done to adjust our course


    Thanks
    1. Money in politics
    2. Oligarchy in fact if not in name
    3. Nothing, absolutely nothing at all! Let money be equated to freedom of speech! Let the rich rule all! They're better people than the rest of us, so they should be allowed to rule, right? When has vast degrees of wealth inequality ever ended badly?
    To do evil, a human being must first of all believe that what hes doing is good" - Solzhenitsyn

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  10. #120
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    Re: Income Inequality

    The IRS is allowed to tax income you receive. If somebody dies and you gain income as a result, that is income to you, hence it is taxed as income to you. It was also taxed when your relative initially received the cash.

    All the liquid cash flowing through our economy is taxed and taxed multiple times. I pay payroll taxes, then purchase something from a small business owner, and then he pays a small business tax on the money I previously paid payroll tax on...

    That's just how economics works...

    Quote Originally Posted by gdgyva View Post
    first thing

    inheritance taxes are double taxation

    that money was already taxes once....at some point

    secondly.....businesses value can easily exceed five million...with little or no cash

    so it passes on to a son or daughter who have to go deeply into debt to keep it? no thanks

    at the 50 million mark, its enough.....

    and 25% is EXTRA money for the government to waste as it sees fit

    so no...i dont think it's insanity

    i think it's rather fair to all myself

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